Section 872 IAC 1-1-19.1 - Certified public accountants; passing grades; conditioned candidates; reexaminations; timing; noticeAuthority: IC 25-2.1-2-15
Affected: IC 25-2.1-3
Sec. 19.1.
(a) A CPA candidate must attain the uniform passing grade established by the administrator of the Uniform CPA Examination, or its successor.(b) A candidate may take the required examination sections individually, in any order, and in the form and manner as prescribed by the administrator of the Uniform CPA Examination, or its successor. Credit for any examination section passed shall be valid for a period of eighteen (18) months, which shall be calculated from the actual date the candidate took the examination section, without having to attain a minimum score on any failed examination section, and without regard to whether the candidate has taken other examination sections, provided the following: (1) Candidates must pass all required sections of the examination within a rolling eighteen (18) month period, which shall begin on the date that the first passed examination section is taken.(2) If a candidate does not pass all sections of the examination within the eighteen (18) month period, credit for any examination section passed outside of that examination must be retaken.(c) A candidate shall retain credit for any and all sections of the examination passed as a candidate of another state if such credit would have been given under then applicable requirements in Indiana.(d) A candidate shall be considered to have passed the examination once the candidate simultaneously holds valid credit for passing each section of the examination.(e) Notwithstanding subsection (d), the board may, on a case-by-case basis, extend the term of credit validity upon a showing by a candidate that credit was lost by reason of circumstances beyond the candidate's control.(f) The administrator of the Uniform CPA Examination, or the administrator of its successor, shall notify eligible candidates of the time, place, and procedures for the examination, or a candidate shall independently contact the administrator of the Uniform CPA Examination, the administrator of its successor, or a test center operator to schedule the time, place, and procedures for the examination at an approved test site.Indiana Board of Accountancy; 872 IAC 1-1-19.1; filed 10/3/2022, 9:07 a.m.: 20221102-IR-872220159FRAReadopted filed 1/12/2024, 11:32 a.m.: 20240207-IR-872230761RFA